$4,988 Closing Credit*
$420,000
1,570 SqFt
2 Beds
•2 Full Baths
Raymond Semaska, Listing Office: United Realty Group Inc.
Is Lauderdale West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Lauderdale West was a Seller's Market.
Key Takeaway
Lauderdale West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lauderdale West, FL
How much do homes in Lauderdale West, FL cost?
Median Sold Price
$317,495
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,545(+2.4%)
Key Takeaway
Homes in Lauderdale West have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Lauderdale West was $317,495 in September 2024, up 2.4% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $185K | +1.4% |
| 2 Bedrooms | $309.9K | $317.4K | +2.5% |
| 3 Bedrooms | $340.9K | $405K | +18.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lauderdale West housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 18.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lauderdale West, FL
How many homes are available in Lauderdale West, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Lauderdale West real estate market had 28 homes for sale in September 2024, a 7.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lauderdale West housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderdale West, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lauderdale West in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Lauderdale West, FL
How long does it take to sell a home in Lauderdale West, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 63 Days | +209.5% |
Summary: Homes in Lauderdale West had an average of 63 days on market in Sep 2024, up by 209.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lauderdale West has remained consistent over time.
Summary: During September 2024, 4 homes were sold in Lauderdale West; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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